To make the benefits of property investment accessible to everyone, with Metrolinx, you can buy with the knowledge and insight of a professional while we handle the research, market analysis and property sourcing.
Our approach is simple: buy well. We help you identify the right property, location and opportunity for your circumstances and long-term goals, including access to selected off-market opportunities.
What to consider when buying an investment property
Once you have a property in mind, compare the income you expect to your outgoing expenses. If there is a shortfall, consider whether you can cover it long-term. Also, work out whether you could cover all expenses short-term if you had no tenants for a while.
Research the property market to decide how to get an investment property. Where and what you buy will affect your return on investment.
But you do need to consider:
- Rental income may not cover your mortgage payments and other expenses.
- A rise in interest rates will mean higher repayments and lower disposable income.
- There may be times when you have to cover the costs yourself if you don’t have a tenant.
- f the property value goes down you could end up owing more than the property is worth.